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23.12.24 - 04:00
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Research: HTSC Drops GCL TECH TP to $1.92 on Plans to Place Shrs/ Issue CBs (AAStocks)
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GCL TECH (03800.HK) had announced last Thursday (19th) that it intended to raise HK$1.56 billion through a share placing and US$500 million through a convertible bond issue. This round of financing is expected to total US$700 million. Huatai Securities released a research report, expecting that the funds will majorly be used to ......
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19.12.24 - 03:30
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GCL TECH Slumps 8%+ on Discount of 17%+ for Placing Shrs & Plans to Issue CB (AAStocks)
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GCL TECH (03800.HK) announced a 17.4% discount on raising funds through a share placement. The stock opened 4.96% lower before its decline intensified today (19th), and bottomed at $1.09. It last printed at $1.11, down 8.26%, with 238 million shares traded, involving $267 million.GCL TECH announced that it intended to place up t......
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19.12.24 - 01:30
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GCL TECH Plans to Places Shrs for ~$1.53B Net Proceeds (AAStocks)
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GCL TECH (03800.HK) announced that it entered into a placing agreement with a placing agent yesterday (18th). The placing agent had agreed to, on a best effort basis, procure placees to subscribe for up to 1.56 billion shares at a placing price of $1 per share, representing a discount of approximately 17.36% to yesterday's (......
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09.12.24 - 05:30
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Kunshan GCL Optoelectronic Material Completes RMB500M C1 Financing Round (AAStocks)
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Kunshan GCL Optoelectronic Material, a perovskite optoelectronic technology company under GCL Technology Holdings, has recently completed the C1 round of financing led by Goldstone Investment, involving nearly RMB500 million. This round of financing introduced institutions such as Kunshan High-Tech Group and HongShan to particip......
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07.11.24 - 03:18
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GCL TECH Tumbles 5%+ on Worry of Tariff Hike after Trumps Win (AAStocks)
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As Donald Trump values traditional energy industries, such as fossil fuels, it is believed that the US solar energy tax breaks and incentives may not be extended after he takes office, and there is a possibility that tariffs will be raised.HK-listed photovoltaic stocks were squeezed today (7th), with GCL TECH (03800.HK) opening ......
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31.10.24 - 12:24
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HKD660.2M Southbound Trading Net Inflow to XIAOMI-W (AAStocks)
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There was HKD660.2 million, HKD534 million and HKD237.3 million Southbound Trading net inflow to XIAOMI-W (01810.HK), TENCENT (00700.HK) and GCL TECH (03800.HK).There was HKD427 million and HKD247.3 million Southbound Trading net outflow from MEITUAN-W (03690.HK) and CNOOC (00883.HK).For Southbound Trading of Shanghai-Hong Kong ......
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29.10.24 - 03:00
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H Shrs: HSI Opens 130 Pts Higher as PVs, Autos Soar; XINYI SOLAR Surges 10% (AAStocks)
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Hong Kong stocks opened higher. The HSI opened 130 points or 0.6% higher at 20,729. The HSCEI opened 56 points or 0.8% higher at 7,447. The HSTECH opened 74 points or 1.6% higher at 4,648.Photovoltaic stocks gained significantly, with XINYI SOLAR (00968.HK) surging 10%. XINTE ENERGY (01799.HK) and GCL TECH (03800.HK) spiked 14.9......
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28.10.24 - 05:12
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Research: HTSC Lifts GCL TECH TP to $2.29 as 3Q Loss Narrows QoQ (AAStocks)
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GCL TECH (03800.HK)'s 1Q24-3Q24 loss was RMB2.971 billion, including a loss of RMB1.8 billion in the PV material business, mainly due to a sharp drop in the prices of polysilicon and silicon chips, Huatai Securities issued a research report saying. Of which, 3Q24 loss amounted to RMB1.492 billion, mainly due to a continuous ......
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28.10.24 - 03:21
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GCL TECH Last Craters 4% after Profit Warning (AAStocks)
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GCL TECH (03800.HK) opened down faintly by 0.58% today (28th), bottoming at $1.62. It last printed at $1.64, down 4.09%, on volume of 405 million shares and turnover of $681 million.Last Friday (25th), rumor had it that the Chinese government would introduce a policy to restrict energy consumption next month, and correspondingly......
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25.10.24 - 10:18
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Full-day Takeaway: HSI Closes at 20,590, Up 100 pts; HSTI Closes at 4,538, Up 54 pts; XINYI SOLAR Up over 16%; GEELY AUTO, GCL TECH, ZAI LAB, REALORD GROUP, SITC Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 100 pts or 0.5% to 20,590. HSTI rose 54 pts or 1.2% to 4,538. HSCEI gained 26 pts or 0.4% to 7,385. Market turnover reached $161.26 billion.Active Heavyweights:AIA (01299.HK) closed at $62.85, up 1.5%BABA (09988.HK) closed at $95.35, up 1.3%MEITUAN (03690.HK) closed at $184.9, down 1.1%CCB (00939.HK) closed at......
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25.10.24 - 06:15
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Midday Takeaway: HSI Up 230 pts; HSTI Up 83 pts; AIA Up over 3%; GEELY AUTO, GCL TECH, ZAI LAB Hit New Highs (AAStocks)
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At midday close, HSI rose 230 pts or 1.1% to 20,720. HSTI rose 83 pts or 1.9% to 4,567. HSCEI gained 75 pts or 1.0% to 7,435.Active Heavyweights:AIA (01299.HK) closed at $63.85, up 3.2%BABA (09988.HK) closed at $96.35, up 2.3%HKEX (00388.HK) closed at $314, up 0.8%MEITUAN (03690.HK) closed at $188, up 0.5%TENCENT (00700.HK) clos......
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24.10.24 - 12:33
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HKD493.3M Southbound Trading Net Outflow from TENCENT (AAStocks)
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There was HKD243.8 million, HKD100.1 million and HKD36.7 million Southbound Trading net inflow to BABA-W (09988.HK), GCL TECH (03800.HK) and SMIC (00981.HK).There was HKD493.3 million and HKD469.8 million Southbound Trading net outflow from TENCENT (00700.HK) and MEITUAN-W (03690.HK).For Southbound Trading of Shanghai-Hong Kong ......
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